12bet featured in "Are you serious?" (Video)

[Justin7]

[FourLengthsClear]

The third case (where limits were cut) is obviously ridiculous but many other books (not 'Asian' books mind you) do have the 'odds less than 2.00' clause related to bonuses.

With that said, 12Bet have got progressively worse over the last 2 or 3 years and I see no reason whatsoever to play there. There are better books and there are better books which have exactly the same odds (which are based on IBCBet).

[THE_LOCKSMITH]

great video, keep the "Are you serious" series coming

[LGBoots]

This book has gone rogue for sure if they are enforcing stupid so called 'rules' as shown on the vid. As for changing the odds of an event & voiding after it has finished, this is nothing short of fraud

12bet should be downgraded to F where they will feel at home with the rest of the scum on this rating

[Justin7]

great video, keep the "Are you serious" series coming

The plan is to do this each week. There's no shortage of material...

[acw]

http://forum.sbrforum.com/sportsbooks-industry/770959-12bet-sold-asianlogic.html

Is 12bet still owned by Asianlogic?

http://www.asianlogic.com/financial_contacts.html

If so, best to contact them and make them aware of these unfair policies.
As The Shrink would say: These guys have deep pockets, so no need for them to engage in these Pommie tactics.

[sportsbetwin]

Inrestingly the terms are different on their "Asian" site compared to their "Euro" site.
On the Asian site it is min 1.50 (-200) odds.

I only recently withdrew from 12Bet. It took me 2 years to rollover but I know where I stood.

The terms on their Euro site suck - 30 days and Ev odds. I would argue however that it is not fine print. There are 10 X 1 line stipulations. They suck - no question - but it takes 30 seconds to read these terms which are in black and white. Bonuses always have a catch and simple due diligence is all that is needed here.

TERMS AND CONDITIONS

1. This promotion is eligible to all new members who register under the currency of GBP, EUR, USD, AUD and CHF.
2. This promotions starts on 00:00:00 (GMT+8) 01 February 2012 until 23:59:59 (GMT+8) 29 Feruary 2012.
3. Your initial deposit plus the bonus is subjected to 10 time(s) turnover in 12BET Sportsbook wager prior any withdrawal may be made.
4. Example of the bonus calculation: EPOSIT AMOUNT
   BONUS
   TURNOVER REQUIREMENT BEFORE WITHDRAWAL
   GBP25
   GBP5
   GBP300 (10 x [GBP25 + GBP5])
   GBP125
   GBP25
   GBP1,500 (10 x [GBP125 + GBP25])
   GBP250
   GBP50
   GBP3,000 (10 x [GBP250 + GBP50])
   GBP950
   GBP190
   GBP11,400 (10 x [GBP950 + GBP190])
5. Bets made below 2.0 (Decimal odd), void, tie, cancelled, or made on opposite sides with same outcome will not be counted towards the rollover requirements.
6. The following country or countries are excluded from the 20% first deposit bonus promotion due to bonus abuse: Armenia, Belarus, Russian Federation & Ukraine.
7. Members participating in this promotion will not be eligible to claim another concurrent New Signup or other similar bonus promotion unless otherwise specified. One member is allowed to claim one bonus only.
8. One member is allowed to claim one bonus only.
9. The bonus amount and all winnings will be forfeited if the deposit and bonus rollover requirement are not met within 30 days of bonus credit.
10. Subjected to terms of use of 12BET Standard Promotion Terms and Conditions.